A public car dealer marked up the cost of a car at 30% in an attempt to make 20% gross profit. Due to the value of dollar, he now placed 20% discount on the car. What profit or loss will he make?

a

3%

b

2%

c

4%

d

1%

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Explanation

Correct Option
c

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Eduphy
10 years ago

==∴ He will wake 4% loss==

∴He will make 4% loss.



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